The New Plastics Economy- Global Commitment

The New Plastics Economy Global Commitment draws a line in the sand, with businesses, governments, and others around the world uniting behind a clear vision for what we need to create a circular economy for plastic.

Kompuestos has joined the New Plastics Economy Global Commitment to boost circularity in the plastic industry whilst a sustainable development. Through the Global Commitment, businesses and governments commit to change how we produce, use, and reuse plastic. Kompuestos, together with the rest of partners, will work to eliminate the plastic items we don’t need; innovate so all plastic we do need is designed to be safely reused, recycled, or composted; and circulate everything we use to keep it in the economy and out of the environment. The Global Commitment and its vision for a circular economy for plastic are led by the Ellen MacArthur Foundation, in collaboration with UN Environment.

‍“We embrace this new journey with our pledge to build more sustainable solutions for the plastic industry. Besides, it is our aim to boost the usage of recycled materials as well as compostable resins”

Kompuestos’ core commitments

• Today we use a 1,17% of recycled materials within all our formulations. Our goal is to increase this percentage to a 20% in 5 years. Furthermore, we plan to increase the use of compostable and renewable products from 0% to 20%. Besides, we plan to extend our production of low carbon footprint solutions based in mineral fillers (Exfill®) from 61% to 70%.‍• Nowadays, 80% of our production is intended for the production of single use plastics. By 2025, we aim to adapt our formulations and curb this percentage to a 30% whilst scaling up our portfolio of sustainable solutions from a 20% to a 70%. We commit to help our customers (plastic converters) to rethink certain applications that are damaging the environment.‍• By 2025, we commit to reach a sustainable portfolio consisting of products being: 70% low carbon footprint, 20% reusable and 20% compostable.

The Global Commitment is bringing together businesses and governments around the world to tackle plastic pollution. Find out how in this new report. Details of how we are tackling plastic pollution have been set out side-by-side with other brands, businesses and governments for the first time, thanks to a new report published by the Ellen MacArthur Foundation.

By 2050, there could be more than plastic than fish in the ocean. We know that cleaning up the beaches is vital, but the real problem with plastic starts long before it reaches our oceans and beaches, and so must the solutions. The Global Commitment is a #lineinthesand. By working side-by-side, businesses and governments have the power to tackle plastic pollution at the source. The real question is not whether a world without plastic pollution is possible but what we will do together to make it happen. www.newplasticseconomy.org.